Why Rent Control Fails: Lessons From New York To Portland Authored by Tom Wilson via The Mises Institute, Housing costs in New York City have reached a level that many people can no longer afford. The response has been to push for more control—limits on rent increases and expanded tenant protections. The intention is clear. […]
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Mexico’s “Energy Sovereignty” Dos Bocas Oil Refinery Hit By Major Fire One of Mexico’s largest refineries, with a processing capacity of 340,000 barrels per day, appears to have suffered a fire in its coke storage area, marking the second incident in less than a month. The Dos Bocas refinery, built by Pemex in the southeastern
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Adam Back Says Quantum Threat To Bitcoin Is Decades Away, Urges Gradual Migration To Post-Quantum Security Authored by Micah Zimmerman via BitcoinMagazine.com, Blockstream CEO Adam Back pushed back on concerns that quantum computing poses an imminent threat to Bitcoin’s cryptographic security, arguing that current progress in the field remains far from the level required to break real-world
Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less E. & J. Gallo Winery, the largest wine producer in the United States and the world by volume, has completed a major pivot into hard liquor. The family-owned giant finalized its acquisition of iconic Kentucky bourbon brand Four Roses from Japan’s Kirin
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Viral Ad In Sweden Gets It All Wrong… Authored by Steve Watson via Modernity.news, In a jaw-dropping display of reality inversion, Sweden’s state-owned public transport company SL has rolled out a new advert that casts loud, obnoxious white women as the problem on buses while depicting black men as the silent, long-suffering victims politely minding their own
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Iran Ceasefire Allows For Netanyahu’s Corruption Trial To Finally Resume Israel is lifting its state of emergency given that the Iran ceasefire appears to be holding, and with that Prime Minister Benjamin Netanyahu’s long-running corruption trial will resume in the coming days, according to Reuters. “With the lifting of the state of emergency and the
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Revealed: All Members Of UK Government’s ‘Anti-Muslim Hostility’ Group Have Islamist Links Authored by Steve Watson via Modernity.news, The UK Labour government’s new definition of “anti-Muslim hostility” – rebranded from “Islamophobia” – is being shaped by a working group where every single member has links to Islamist organisations. The details are exposed in the Free
OpenAI Pauses U.K. Stargate Over “Regulation And Power Costs” OpenAI’s broader Stargate push to build next-generation AI infrastructure in the UK has been put on hold, with the company citing regulatory conditions and high energy costs as major obstacles to long-term investment. That outcome is hardly surprising: Britain, like much of dying Europe, has layered
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Germany Restricts Emigration To Prevent Young Men From Escaping The Military Draft Authored by Ryan McMaken via the Mises Institute, Late last year, German lawmakers passed new legislation paving the way for military conscription. As the Guardian reports, “The change will include the obligatory screening of all 18-year-old men to gauge their suitability to serve
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China’s Debt Surpasses Europe For The First Time China’s government debt has surpassed the European Union’s for the first time, marking a major shift in the global debt landscape. Since the 2008 financial crisis, the U.S., China, and Europe have followed very different borrowing paths. While Europe kept debt growth relatively constrained, both the U.S.
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